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Buy Bakkafrost on Limited Salmon Supply, High Demand, Handelsbanken Says

31/8 08:20


  • (PLX AI) – Bakkafrost is set to benefit from low global supply of salmon as just demand is growing, analysts at Handelsbanken said.
  • • Salmon supply is expected to show negative growth through next year, which should boost prices
  • • Demand will gradually rise in the second half of 2021, as corona restrictions are lifted and Christmas approaches, Handelsbanken said
  • • Handelsbanken rates Bakkafrost buy, with price target NOK 800